Thursday, March 26, 2009

Carbon as a cash crop

An example of the type of content that would be worthy of a director posting on...after they ran out of messages from our toolbox ;-)


March 26 (Bloomberg) -- Rex Woollen grows corn and soybeans. In 2007, the Wilcox, Nebraska, farmer started cultivating a new commodity: carbon.

By not tilling his 800 acres, Woollen by some estimates keeps 470 tons of carbon per year in the ground and out of the atmosphere. Because of that, Woollen gets carbon credits he can sell on the Chicago Climate Exchange. At first, neighboring farmers were skeptical.

“They called me a tree-hugger,” Woollen said. “Then I showed them my first check.”


rest here

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